Today, we’re going to discuss one quick tip for general contractors’ licenses in the state of North Carolina. General contractors in North Carolina have the option to obtain a qualifier license, allowing them to serve as a qualifier for a company.
What some people don’t understand is that you can be a qualifier for two businesses within the state of North Carolina if you get your qualifier license with the North Carolina Licensing Board for General Contractors. If this is a business where you’re the qualifier for your own company, it’s a little bit more straightforward, a little bit running the mill. You’re obviously running all the contracts through you, you’re paying all the subcontractors through you, you’re paying for materials through you, and things like that.
Now, if you’re a qualifier for a business that you’re not the owner, you need to, well, you would want to be a W2 employee. So you show legitimacy there instead of being a 1099 or something else. It’s all about legitimacy with the North Carolina Licensing Board for General Contractors. The more that you can show them like, “Hey, we’re doing things correctly. Here’s the fact that I’m a W2 employee for this company. I’m also the qualifier for them. I legitimately work for them. I do work for them. It’s just not, “Hey, they’re using my license or anything like that.”
The more that you could show that you’re actually doing work as a qualifier for the other business, that is going to protect you and your license and the qualifier license. So those are the main things in this particular situation that you would want to do as a qualifier. And like I said, you can be a qualifier for two businesses. There can be one of your own, and then if you want to be a qualifier for another business that you don’t own, make sure you’re a W2.
Frankly, you want to be a W2 for both. I don’t want to get in the weeds too much about being a W2 for your own company, but for tax purposes, sometimes talk with a CPA about this. Sometimes it might be beneficial to do that, but anyways, I hope that was informative for everybody involved.